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$3.2M drained from Gnosis Safe wallets through SquidRouterModule exploit

Editorial Team· ·3 min read · 0 reactions · 0 comments · 11 views
#cryptocurrency#security#decentralized finance
$3.2M drained from Gnosis Safe wallets through SquidRouterModule exploit
⚡ TL;DR · AI summary

An attacker exploited a flaw in the SquidRouterModule, draining $3.2 million from 86 Gnosis Safe wallets in just two hours. The breach was identified by blockchain security firm Blockaid, highlighting issues with improper identity validation in third-party modules. Users are advised to revoke permissions for the SquidRouterModule to mitigate potential risks.

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Crypto Briefing · Editorial Team
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$3.2M drained from Gnosis Safe wallets through SquidRouterModule exploit An attacker exploited improper identity validation in a third-party module to drain 86 wallets across Ethereum and Base in just two hours. Share Add us on Google by Editorial Team May. 25, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); A flaw in something called the SquidRouterModule allowed an attacker to siphon roughly $3.2 million from 86 Gnosis Safe…

Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.

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